Billionaire Howard Marks’ AI Warning and 10 Non-AI Stock Picks
Billionaire investor Howard Marks, co-founder of Oaktree Capital Management, has spent more than five decades studying financial markets, investment risk, and speculative bubbles.
| No. | Hedge Fund | Shares | Value | Activity | % Port |
|---|---|---|---|---|---|
| 1. | RWC Asset Management Tord Stallvik (Ceo) | 522,518 | $26,193,827 | -21% | 0.97% |
| 2. | Kapitalo Investimentos Jo„O Carlos Pinho And Carlos Woelz | 258,830 | $12,975,148 | +1% | 1.47% |
| 3. | Laurion Capital Management Benjamin A. Smith | 10,006 | $501,601 | -17% | 0.01% |
| 4. | Bayforest Capital Theodoros Tsagaris | 120 | $6,016 | -25% | 0.01% |
| Insider | Price | Amount | Total Value | Remaining Holdings | Date | Form 4 |
|---|---|---|---|---|---|---|
| $51.42 | 6,930 | $356,340.60 | 34,630 | 2026-07-26 | Filing | |
| $46.35 | 2,840 | $131,634.00 | 92,193 | 2026-07-02 | Filing | |
| $44.21 | 4,518 | $199,740.78 | 24,405 | 2026-07-02 | Filing | |
| $46.26 | 4,357 | $201,554.82 | 55,687 | 2026-07-02 | Filing | |
| $54.44 | 77 | $4,191.88 | 218 | 2026-05-29 | Filing |
| Insider | Price | Amount | Total Value | Remaining Holdings | Date | Form 4 |
|---|---|---|---|---|---|---|
| $55.76 | 2,770 | $154,455.20 | 31,860 | 2026-09-14 | Filing | |
| $47.36 | 218 | $10,324.48 | 0 | 2026-06-29 | Filing | |
| $42.60 | 1,300 | $55,380.00 | 20 | 2026-03-25 | Filing | |
| $44.21 | 2,130 | $94,167.30 | 14 | 2026-03-25 | Filing | |
| $43.61 | 12,719 | $554,675.59 | 101 | 2026-03-19 | Filing |
| No. | Name | Shares | Value | % Port |
|---|---|---|---|---|
| 1. | 1,350,600 | $67,705,578 | 12.51% | |
| 2. | 1,155,062 | $57,903,314 | 0.05% | |
| 3. | 633,600 | $31,762,367 | 0.01% | |
| 4. | 413,000 | $20,779,334 | 0.09% | |
| 5. | Imc-chicago, LlcCALL | 335,700 | $16,828,641 | 0% |